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A user made nearly 18,000 tokens on Pump.Fun’s memecoin launchpad, earning $3.8 million in profits. Coinbase Director Conor Grogan highlighted the user’s strategy of creating tokens manually, not with bots. Another user, Artemis, shared a similar tactic on Base, profiting $600,000 and stealing 177.39 ETH from 9,256 users. Rug pulls like these are becoming normalized in the industry.
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